Planning for a secure financial future is a must! It can be done, and is not easy, but is not rocket science either. Maybe you’re saving to buy your first home? Perhaps starting your own business is a dream. The costs of a college education have spiraled and you may wonder how you will […]
Look at some of the excuses that people give for not making a will: – I have a lot of money, but so do my kids. They will not fight for Rs. 50 lakhs. So true. I heard of a family which fought for Rs. 50, 000 crores, I am sure you did to! – […]
How people love a rising market! So one good day and the world wants to announce that the worst is behind us. My foot. Remember it took a long time for the world to recover from the Lehman collapse – a company who had an audited balance sheet. When it comes to countries, you […]
1. Franklin India Bluechip fund has performed badly. Look at the last quarter. Remember this advice sometime in 2007….and as usual I smiled it away. In fact the EDITOR of a financial mag told me ‘Hey this fund is doing well in my portfolio…why is such a story being carried (somewhere else, thankfully!!). I said, […]
My neighbor of many years had about 900 shares of Hdfc (pre split) so now he should be having 4500 shares. His portfolio was not too great, but this share somehow he listened to me and held on from 1980 onwards…so it had grown. He had a very ambitious broker – and my genius neighbor […]
Financial Planning for a well qualified, salaried individual is fairly simple. If he does not jump around too much – has one/ two kids, buys a house, car, pays for an occasional holiday for his parents….then just do a couple of SIPs, take a term insurance, and well life is done. However, if you have […]
No this story is not about greed. There was a farmer who had a hen that laid golden eggs. The farmer was a bit of a miser. He looked at the hen and thought – all the expense is because of the front side – and all the income is because of the back side. […]